NVIDIA Corporation
Panjang

NVDA: Spring effect on SL: Buy idea

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On NVDA we would have a high probability of having an upward trend over a time unit of one (01) hour. This is explained by the fact that we have two (02) spring effects on the support line. Red candles with a small body and a long, low wick. This upward trend will also be confirmed by the breaking of the resistance line with force and the vwap by a large green candle accompanied by a large green volume.
Furthermore, we must be careful because there may also be a continuation of this downward trend in the event of a strong break of the support line by sellers.

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